Fri, Jan 30, 2015, 7:11 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Rovi Corporation Message Board

  • rchites rchites Oct 7, 2012 8:58 PM Flag


    Bret Jenson had some good reasons to buy- Positives for Rovi:

    The new CEO just purchased $225K worth of shares at $15 a share.
    Glenview Capital has built up a stake in the stock now totaling 7% of the outstanding float. It has less than 1% of the shares as of the end of March.
    Toys R Us just announced a new video streaming service that will be powered by Rovi.

    Rovi Corporation provides digital entertainment technology solutions for the discovery and management of entertainment content

    6 additional reasons to pick up ROVI at just over $13 a share:

    The stock is cheap at just 88% of book value and 7 times operating cash flow.
    The company has a strong patent portfolio with over 5,000 patents that cover its programming and information services. Its programming guides serve over 90% of digital TV households in the United States, but it is just starting to expand in the international market.
    The 9 analysts that cover the stock have a median price target of $18 a share, some 30% above the current stock price.
    Consensus earnings estimates have finally stabilized after falling for months. In addition, revenue growth is projected to resume with a 7% gain in FY2013 after being slightly down in FY2012.
    ROVI is priced at less than 7 times forward earnings, a huge discount to its five year average (15.6). The stock also sports a five year projected PEG of under 1 (.71).
    The stock recently bounced off its long term technical support level of $10. The stock has been over $60 in the last few years presenting a solid risk/reward profile

23.11+0.720(+3.22%)Jan 30 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.